Economics Research

Running Head : Economic Benefits of Innovation and TechnologyNameUniversityCourseTutorDateThe history of piece has been characterized by many mutations which just but to mention admit agricultural , industrial and of late tuition technology revolution . All these revolutions targeted to improve the efficiency of delivery of services to the plurality and the economy at large . While all these revolutions cook been yielding benefits that are visible to every one , the benefits of information technology have superseded those of the other revolutions by a abundant magnitude . Across the world , everyone is reaping the benefits in one management or the other . In this decade therefore , digital technology is the driving engine for the global economy in all sectors .

Experts and researchers argue that it has been the key in unlocking the decline in productiveness that was evident from middle seventies up to mid 1990s Information technology has proved beyond sensible doubts that its benefits are real in the following ways (Antonelli , 2002 ,.16To make with , information technology has been crucial in increasing the productivity growth . Since the introduction of information technology in 1970s , the average output per person has increased many multiplication than that of the past . Due to this , employment opportunities have become to a greater extent available thus higher tax income generation for some(prenominal) individuals and the government . The trickle down effects of this increased revenue are world felt in better information , health and other essential services that are being provided . It is estimated that labor productivity has been increasing...If you want to get a amply essay, order it on our website: Orderessay

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